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Integrate Accounts with Inventory in Tally.ERP 9

Effect on Balance Sheet and Profit & Loss Account

Integrate Accounts with Inventory in F11: Features (F1: Accounting Features) has a significant effect on the Balance Sheet and Profit & Loss Account.

  • If Accounts with Inventory is set to Yes in F11: Accounting Features/ Inventory Features, the stock/inventory balance figures are automatically updated from the inventory records. You may also drill down to Stock Register from the Balance Sheet.

  • If the option Accounts with Inventory is set to No in F11: Accounting Features/ Inventory Features, the inventory values are ignored and closing stock balances are entered manually.

Note: Sometimes, Stock records may contain compensating errors which are caused by incorrect allocations to the Stock Items. This feature of Tally enables the finalisation of financial books without considering such errors.

 
 
 
 
Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
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